Convertible Promissory Notes and Short Term Loans (Tables)

9 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Convertible Promissory Notes and Short Term Loans

In connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.

	Total
	$
Face value of convertible notes issued		7,040,500
Debt discount		(4,598,464	)
Debt issuance costs		(1,676,198	)
Day 1 value of convertible notes issued		765,838
Accretion of debt discount during nine months ended December 31, 2020		461,926
Amortization of debt issuance cost during nine months ended December 31, 2020		260,869
Total accretion and amortization expenses		722,795
Balance as at December 31, 2020		1,488,633